Cooper Research: Each additional purchase of 10,000 BTC in the ETF can push the average price up by 1.8%, potentially rising to $150,000 in October.
A report from research firm Cooper Research indicates that as investors flock to Bitcoin ETFs, the price of Bitcoin is expected to rise. Data shows that for every increase of 10,000 BTC in ETF holdings, the price rises by an average of 1.8%. Analysts believe that Bitcoin will gradually rise significantly, potentially reaching $140,000 in September, and rising to $150,000 as early as the beginning of October.
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